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Message: Warrants locking in profit

With today's news it is somewhat surprising not to have a greater run up but it occurred to me that perhaps what are seeing is the starting of selling pressure from those who are exercising warrants. Probably not uncommon for those to simply sell at the market rather than establishing a "sell price" and thus creating what appears to be a wall?

Speculation only but to me it's the only thing that makes any sense to me

 

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